Commercial Real Estate Market in Delmar, MD
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
20 active listings and 162 off-market properties in Delmar, MD. Commercial property asks $1,117/SF to buy and $12.22/SF/Yr to lease.
Market Trends
Delmar, MD spans 24.4 square miles in Wicomico County, Maryland. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Delmar, MD runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Delmar, MD runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Delmar, MD runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Delmar, MD runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 64.8%
- Commercial 27.2%
- Industrial 3.3%
Largest Zones share of zoned land by district
Residential
Community Business
Residential
Unknown
Highway Regional Commercial
Delmar, MD zones 1,074 acres across 8 districts. Commercial zoning covers 27.2% of zoned land, residential 64.8% and industrial 3.3%. The largest single district is Residential at 51.1%. For commercial buyers the practical constraint is that only 30.5% of land carries a commercial or industrial designation.
Community Business (CO-B)
The Community Business District will provide for limited commercial and professional services that can be compatible in a neighborhood setting to provide goods and services to local residents. These districts therefore are located in areas with ready access and, because of the intensity of land use, are in areas where utilities are or may be available.
Market overview
Demographics & Economy
Delmar, MD has 7,231 residents in 3,553 households. Density runs 297 people per square mile. Median household income here is $76,007 and median gross rent $1,320 a month.
7,231
Population
3,553
Households
2
Avg Household Size
40
Median Age
27%
College-Educated
91%
High-School Grad
24.4 sq mi
ZIP Area
297
Density / Sq Mi
$76,007
Median Household Income
$51,107
Median Earnings
$1,320
Median Rent
$226,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hebron | — | — |
| Salisbury | — | $10.92 |
| Laurel | — | — |
| Parsonsburg | — | — |
Commercial property in Delmar, MD asks $1,117/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Delmar?
Commercial property in Delmar, MD asks an average of $1,117 per square foot. The 3 most recent recorded sales traded at a median of $207/SF, so asking sits 440% above the achieved median.
How much does it cost to lease commercial space in Delmar?
Asking lease rates in Delmar, MD average $12.22 per square foot per year.
What zoning applies to commercial property in Delmar?
Delmar, MD zones 1,074 acres across 8 districts, of which 27.2% is commercial and 3.3% industrial. The largest single district is Residential at 51.1% of zoned land. Residential zoning covers 64.8% and open space 0%.
Where does Realmo's Delmar market data come from?
Realmo compiles Delmar, MD figures from 7 recent recorded sales, 14 active sale listings, 6 active lease listings, 162 tracked off-market properties, the current Delmar zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 14 active for-sale and 6 active for-lease listings in Delmar, MD. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 1,074 zoned acres across 8 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
